Ctw Foundation Inc
CTW Foundation Inc is a private foundation incorporated in Delaware in 1951 and based in Newark, Delaware. The foundation operates as a 501(c)(3) tax-exempt organization and has been tax-exempt since May 1954.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.1M
+0.8% YoY
Annual Giving
$623K
+0.8% YoY
Grant Count
24
+0.0% YoY
Avg Grant Size
$26K
+0.8% YoY
Under IRS private-foundation payout rules, Ctw Foundation Inc reported a distributable amount of $775K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports a diverse range of nonprofit organizations with particular emphasis on:
- Arts and culture
- Education (secondary, higher, and law education)
- Health and medical services (hospitals, clinics, hospices)
- Social services
- Services for people with disabilities
- Environmental conservation
- Nursing
Grantmaking
No specific application deadlines or formal application procedures are documented in available sources.
Review Cycle
or formal application procedures are documented in available sources.
How to Apply
**
Ready to take the next step with Ctw Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation primarily supports nonprofit organizations in:
- New Jersey (primary focus)
- Florida
- Maryland
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $11,072,539
- Total revenues: $816,069
- Total expenses: $730,849
- Investment income and dividends: $433,440
- Net gain from sale of non-inventory assets: $382,535
As of 2023:
- Total assets: $11,000,000
- Total revenues: $675,000
- Total expenses: $687,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,072,539 | $10,979,809 | $10,992,113 |
| Revenue | $816,069 | $674,776 | $343,555 |
| Expenses | $730,849 | $687,080 | $834,880 |
| Qualifying Distributions | $622,500 | $617,500 | $788,553 |
| Net Investment Income | $785,584 | $650,800 | $424,343 |
| Distributable Amount | $774,955 | $705,980 | $724,983 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
51 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Herbert Wertheim Uf Scripps Institute ($75,000), Freedom House ($50,000), Jupiter Medical Center Foundation ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AGASSIZ VILLAGE POLAND, ME | SOCIAL | $15,000 |
| BIG BROTHERS BIG SISTERS OF COASTAL & NORTHERN NJ ASBURY PARK, NJ | SOCIAL | $10,000 |
| CARDIGAN MOUNTAIN SCHOOL CANAAN, NH | EDUCATION | $12,500 |
| EL SOL JUPITER'S NEIGHBORHOOD RESOURCE CENTER INC JUPITER, FL | SOCIAL | $35,000 |
| FISHER HOUSE FOUNDATION INC ROCKVILLE, MD | SOCIAL | $25,000 |
| FREEDOM HOUSE CLINTON, NJ | SOCIAL | $50,000 |
| GORYEB CHILDREN'S HOSPITAL MORRISTOWN, NJ | HOSPITALS/MEDICAL | $15,000 |
| HARNESS RACING MUSEUM AND HALL OF FAME GOSHEN, NY | SOCIAL | $20,000 |
| HEALTHYME JUPITER, FL | HOSPITALS/MEDICAL | $15,000 |
| HERBERT WERTHEIM UF SCRIPPS INSTITUTE JUPITER, FL | HOSPITALS/MEDICAL | $75,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRUCE R TUCKER | TREASURER/DIRECTOR | 1 | — |
| FINN M W CASPERSEN JR | VICE PRESIDENT/DIRECTOR | 1 | — |
| GERALD L HOLM | PRESIDENT/DIRECTOR | 1 | — |
Contact Information
Address: 220 Continental Dr Suite 112, Newark, DE 19713-4304
Telephone: 302-737-6200
Frequently Asked Questions
What does Ctw Foundation Inc fund?
The foundation supports a diverse range of nonprofit organizations with particular emphasis on: • Arts and culture • Education (secondary, higher, and law education) • Health and medical services (hospitals, clinics, hospices) • Social services • Services for people with disabilities • Environmental conservation • Nursing
How do I apply for a grant from Ctw Foundation Inc?
**Grant Characteristics:** • Typical grant awards range from $10,000 to $75,000 • Recent grants documented include awards of $50,000 to organizations such as New Jersey Conservation Foundation, Freedom House, and Jupiter Medical Center Foundation • Types of support include equipment, building funds, and project support • The foundation also awards scholarships to individuals **Recent Activity:** • Made 18 grants totaling $622,500 in 2024 • Made grants totaling $695,000 in annual giving activity…
Where does Ctw Foundation Inc make grants?
The foundation primarily supports nonprofit organizations in: • New Jersey (primary focus) • Florida • Maryland
What size grants does Ctw Foundation Inc award?
In 2024, Ctw Foundation Inc awarded 24 grants totaling $623K — an average of about $26K per grant, based on its IRS Form 990 filings.
How much is Ctw Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ctw Foundation Inc reported a distributable amount of $775K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ctw Foundation Inc's EIN?
Ctw Foundation Inc's EIN (Employer Identification Number) is 51-6011637. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ctw Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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